FTZ versus Customs Bonded Warehouses

When deciding on a warehouse for your business, two of the options you have to choose from are bonded warehouses, like the warehousing offered through American Supply Co., or foreign trade zones, also known as FTZs. Both are great options, but if you are trying to decide between the two, here are some specifics on…

US Investing Big on Port Improvements

In its just-released 2016-2020 Port Planned Infrastructure Investment Survey, the American Association of Port Authorities (AAPA) asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure during the next five years. The AAPA then calculated what it believes is the “best-case” scenario for investments on U.S.…

Port of Philadelphia Undergoing Significant Expansion

The Port of Philadelphia has quite the extensive history. It has served as the commercial center for eastern Pennsylvania for nearly 400 years. In recent years, however, the port has struggled to keep up the existing infrastructure. Fortunately, Gov. Tom Wolf’s administration recently announced that the state will be investing in a series of renovations…

On West Coast, Port Shutdown is Bad for Business

On West Coast, Port Shutdown is Bad for Business

Over the weekend of February 6, in the wake of tense labor negotiations between shippers and the International Longshore and Warehouse Union, a number of west coast ports were temporarily closed. The Pacific Maritime Association, who alleges that the port workers’ union has been carrying out a deliberate labor slow-down in order to gain bargaining…

Double-Digit Growth in Cargo Figures for the Port of Philadelphia

The Port of Philadelphia has experienced four consecutive years of double-digit growth in cargo figures. Based on the figures from the first three months of 2014, it looks like we’ll be making this the fifth year of substantial growth in our sector.   Charles G. Kopp, Esq., the chairman of the Philadelphia Regional Port Authority,…

The Port of Philadelphia and the Revitalization of Our Community

Governor Tom Corbett is doing some amazing things for our city, Philadelphia, PA. He was to be awarded the prestigious “Spirit of the Port” award at the postponed annual luncheon hosted by the Seamen’s Church Institute at the Sheet Metal Workers Union Hall.   The accolades come on the heels of a deal struck in…

Philadelphia’s Chilean State of Mind

When you think of Philadelphia, do you think of Chile?   Believe it or not, the City of Brotherly Love and the South American country have a close and beneficial relationship. Luis Mayol Bouchon, the Chilean Minister of Agriculture, was recently in town. Philadelphia and Chile have bonded over fruit. Yes, fruit. You see, Philadelphia…